BSECompany Update7 Oct 2026 · 7 Oct 2026, 05:51 pm
Receipt of Order by DRT-I of Kolkata
ARCL Organics Ltd · 543993
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ARCL Organics Ltd has received a final order from the Debts Recovery Tribunal-I, Kolkata, disposing of a case related to a settlement agreement with its secured creditors. The company has paid ₹8,22,94,500 and ₹21,95,394 in interest, satisfying the claim and releasing its main land from security.
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ARCL Organics Ltd - 543993 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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October 7th, 2026
The Secretary,
BSE Limited,
1st Floor, New Trading Ring,
Rotunda Building,
Phiroze Jeejeebhoy Towers
Dalal Street,
Mumbai - 400 001
Code No. 543993
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Subject: Intimation regarding Final Order received from the Debts Recovery Tribunal-I,
Kolkata
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we hereby inform that the Company has received the Final Order dated 06
October 2026 passed by the Debts Recovery Tribunal-I, Kolkata in OA/86/2005 – Stressed
Assets Stabilisation Fund vs. Allied Resins and Chemicals Ltd.
The Tribunal has recorded that, pursuant to the settlement arrangement entered between the
Company and its secured creditors, the settlement amount of ₹8,22,94,500/- has been paid by
the Company along with payment of ₹21,95,394/- towards interest.
Accordingly, the Hon’ble Tribunal, in terms of Section 19(20A) of the Recovery of Debts and
Bankruptcy Act, 1993, has ordered that OA/86/2005 stands disposed of as the claim of the
Applicant Bank has been satisfied in terms of the settlement agreement.
The Company considers the matter to have been resolved pursuant to the settlement and
payments recorded by the Tribunal.
This is for your information and record.
Yours Sincerely,
For ARCL Organics Limited
Deepak Daga
Company Secretary and Compliance Officer
Membership No.: A50346
ANNEXURE – I
Sr No. Particulars Details
1. Name of the listed company ARCL Organics Limited
2. Type of communication received Final Order
3. Date of Order 06.10.2026
4. Date of receipt of communication 07.10.2026
5. Authority from whom
Hon'ble Debts Recovery Tribunal-I,
communication received Kolkata
6. Brief summary of the material The Hon'ble Debts Recovery Tribunal-I,
contents of the communication Kolkata has passed the Final Order in
received OA/86/2005 – Stressed Assets
Stabilisation Fund vs. Allied Resins
and Chemicals Ltd (Now Known as
ARCL Organics Ltd.) The Tribunal
recorded that, pursuant to the scheme of
compromise between Allied Resins and
its secured creditors, the settlement
amount of ₹8,22,94,500/- was paid by
the Company along with the interest of
₹21,95,394/-. Accordingly, the Tribunal
ordered that OA/86/2005 is disposed
of as the claim of the Applicant Bank
has been satisfied as per the
settlement agreement under Section
19(20A) of the RDB Act, 1993.
7. Period for which communication
would be applicable, if stated N. A
8. Expected financial The settlement amount of
implications on the listed ₹8,22,94,500/- and interest of
company, if any ₹21,95,394/- have already been paid as
recorded by the Tribunal. Accordingly, no
further financial liability is envisaged
in respect of the claim covered under
the said OA, pursuant to the
settlement.
9. Details of any aberrations/ non-
compliances identified by the Nil.
authority in the communication
10. Details of any penalty or
restriction or sanction imposed
Nil.
pursuant to the
communication
11. Action(s) taken by listed The Company has complied with the
company with respect to the settlement arrangement and made
communication payment of the settlement amount and
applicable interest, as recorded in the
Final Order.
12. Any other relevant information Pursuant to the Final Order, the
settlement obligations towards SASF
have been fully satisfied. Consequently,
the Company is entitled to obtain the No
Objection Certificate (NOC)/release of
charge and related title documents in
respect of the land properties offered
as security to SASF and other Financial
Institutions, subject to completion of the
requisite documentation and formalities
with the concerned institutions.
Consequently, the Company’s main land
at Rampur, on which its existing plant
and machinery are situated and where its
manufacturing operations are currently
being carried out, will be released from
the aforesaid security/encumbrance and
become free from such charge.